Two out of three councils eat into reserves

By Dan Peters | 16 December 2019

Two-thirds of councils have reduced their general fund reserves over the last three years, a new report by Scotland’s watchdog for local government has found.

A report today from the Accounts Commission said the net draw on revenue reserves in 2018/19 was £45m and across all councils there was a net decrease in usable reserves of £6m to £2.5bn.

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